parallel_prankster writes: Anonymous Industry sources have confirmed that Google is developing a low-budget tablet in an attempt to bolster a floundering stable of Android-based tablets. The rumored 7-inch tablet, dubbed the Nexus Tablet, could cost the same price as the Amazon Kindle Fire, $199, or even better — $149.Industry sources say that Asus is working with Google to make a 7-inch tablet loosely based off of the Asus Memo 370T, which debuted at CES 2012. Industry sources say that Asus is working with Google to make a 7-inch tablet loosely based off of the Asus Memo 370T, which debuted at CES 2012. An anonymous source from a U.S. supply chain has told the tech blog Android and Me that the new small-form tablet will cost $149, while the more visited site the Verge has a source that says the new tablet will cost $199.